Funding you earn now, next payment 22:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.021%
Price spread now: Binance against Injective−7.243%67s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Binance is 7.243% cheaper against Injective than usual: you would sell low and buy high (spread −7.243% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$724 on $10k: about 12 months of funding at the current rate (+$2 a day). The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective SUN/USDC PERP | 0.01861 | 0.0033 | pay 0.0004% / 1h | 26m 13s | — | $16 | 5.5x |
| Short | Binance SUNUSDT | 0.01726 | 0.0100 | get 0.0050% / 4h | 2h 26m | $2.0M | $1.3M | 50x |
Injective SUN/USDC PERP
Binance SUNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $14
- Price spread: −7.243% → 0.000%
- −$724.34
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$720.36
- Costs to cover
- 0.100%
- Break-even
- 367.2 days
Slippage unknown: Injective: no order-book sample; Binance: live order book, 8 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 8 min ago | 0.29 bp | 12.0 bp −$12 | 67.1 bp −$671 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SUN on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SUN/USDC PERPlong | +0.0033% | 1h | 0.01861 | long leg | — | $16 | 5.5x | |
| Binance SUNUSDTshort | +0.0100% | 4h | 0.01726 | −7.243% | $2.0M | $1.3M | 50x | |
| Bybit SUNUSDT | +0.0100% | 4h | 0.01725 | −7.292% | $1.5M | $287K | 50x | as long as short |
| Gate SUN_USDT | +0.0100% | 8h | 0.01728 | −7.168% | $129K | $57K | 50x | as long as short |
| MEXC SUN_USDT | +0.0100% | 4h | 0.01726 | −7.249% | $11.7M | $273K | 125x | as long as short |
| KuCoin SUNUSDTM | +0.0100% | 4h | 0.01727 | −7.184% | $314K | $56K | 20x | as long as short |
| Bitget SUNUSDT | +0.0100% | 4h | 0.01726 | −7.233% | $461K | $134K | 50x | as long as short |
| BingX SUN-USDT | +0.0100% | 4h | 0.01726 | −7.243% | — | $2.3M | — | as long as short |
| Variational Omni SUN | +0.0100% | 4h | 0.01725 | −7.285% | $143K | $70 | — | as long as short |
| SunX SUN-USDT | +0.0100% | 4h | 0.01726 | −7.233% | $25K | $911K | 20x | as long as short |
Bybit SUNUSDT
Gate SUN_USDT
MEXC SUN_USDT
KuCoin SUNUSDTM
Bitget SUNUSDT
BingX SUN-USDT
Variational Omni SUN
SunX SUN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SUN-USDT | +0.0100% | 4h | 0.01726 | −7.249% | $316K | $28K | 50x | as long as short |
| BloFin SUN-USDT | +0.0114% | 4h | 0.01726 | −7.276% | $131K | $39K | 50x | as long as short |
HTX SUN-USDT
BloFin SUN-USDT